{
\def\sym#1{\ifmmode^{#1}\else\(^{#1}\)\fi}
\begin{tabular}{l*{8}{c}}
\toprule\toprule
                                        &\multicolumn{4}{c}{$\Delta$10y real yield}                     &\multicolumn{4}{c}{$\Delta$5y5y real forward rate}             \\\cmidrule(lr){2-5}\cmidrule(lr){6-9}
                                        &\multicolumn{1}{c}{(1)}   &\multicolumn{1}{c}{(2)}   &\multicolumn{1}{c}{(3)}   &\multicolumn{1}{c}{(4)}   &\multicolumn{1}{c}{(5)}   &\multicolumn{1}{c}{(6)}   &\multicolumn{1}{c}{(7)}   &\multicolumn{1}{c}{(8)}   \\
\toprule
$\Delta\mathbb{E}^F$[Long-run fed funds rate]&        0.77***&        0.59** &        0.82** &        0.71** &        0.73***&        0.50*  &        0.78***&        0.73***\\
                                        &      (0.26)   &      (0.26)   &      (0.31)   &      (0.29)   &      (0.22)   &      (0.29)   &      (0.27)   &      (0.24)   \\
[1em]
$\Delta\mathbb{E}^F$[1-year fed funds rate]&               &        0.09***&               &               &               &        0.12   &               &               \\
                                        &               &      (0.02)   &               &               &               &      (0.09)   &               &               \\
[1em]
$\Delta$ log S\&P500                    &               &               &     $-$0.52   &               &               &               &     $-$0.59   &               \\
                                        &               &               &      (0.41)   &               &               &               &      (0.55)   &               \\
[1em]
$\Delta$ log Yield Curve Slope (10y--3m)&               &               &        0.27   &               &               &               &        0.34   &               \\
                                        &               &               &      (0.36)   &               &               &               &      (0.36)   &               \\
[1em]
$\Delta$ log Bloomberg Commodity Index  &               &               &        0.01   &               &               &               &        0.02   &               \\
                                        &               &               &      (0.06)   &               &               &               &      (0.05)   &               \\
[1em]
Chicago Fed National Activity Index     &               &               &               &        0.02   &               &               &               &        0.02   \\
                                        &               &               &               &      (0.06)   &               &               &               &      (0.05)   \\
[1em]
Brave-Butters-Kelley Leading Index      &               &               &               &     $-$0.01   &               &               &               &        0.00   \\
                                        &               &               &               &      (0.03)   &               &               &               &      (0.02)   \\
[1em]
Nonfarm Payroll Surprise                &               &               &               &     $-$0.02   &               &               &               &     $-$0.02   \\
                                        &               &               &               &      (0.05)   &               &               &               &      (0.14)   \\
\toprule
$R^2$                                   &        0.20   &        0.26   &        0.24   &        0.25   &        0.21   &        0.34   &        0.28   &        0.35   \\
N                                       &          37   &          37   &          37   &          37   &          37   &          37   &          37   &          37   \\
\toprule\toprule
\end{tabular}
}
